On April 14, JPMorganChase reported firm-wide Q1 2026 financial results. As part of the bank’s $50.5B in managed revenue for Q1 2026, J.P. Morgan Payments saw $5.1B in revenue in Q1 2026, up 12% year over year.

This marks the fifth consecutive record quarter for the business, and Payments best-ever quarter, as our business remains a key growth engine for the Commercial & Investment Bank (CIB), contributing to CIB’s net revenue of $23.4B in Q1, up 19% YoY.

“These results reflect the strength of our business and the dedication of the entire J.P. Morgan Payments team, who continue to deliver for clients in a fast-moving, dynamic environment. By combining scale with innovation, we’re well positioned to keep delivering for our clients and to continue to be the leading payments business in the world,” said Umar Farooq, Global Co-Head of J.P. Morgan Payments.

First-quarter 2026 results underscored the sustained momentum across J.P. Morgan Payments, marked by a series of notable accomplishments across agentic commerce, digital payments and virtual cards, including:

• A strategic global agreement with Mirakl to enable agentic commerce for merchants at enterprise scale, utilizing J.P. Morgan Payments’ advanced payment infrastructure to power streamlined, secure transactions.
• An expanded relationship with Mastercard to expand B2B virtual card capabilities in Europe, enabling clients to streamline supplier payments, enhance working capital management and improve reconciliation.
• Mitsubishi Corporation became the first Japanese corporate to adopt Kinexys Digital Payments for intragroup USD cash management across its major global financial centers in Singapore, London and New York.
• FirstRand Bank became the first South African bank to adopt Kinexys Digital Payments for programmable, 24/7 near real-time payment transactions across its treasury group.

In addition, recent award wins include:

• Ranked as a leader in the 2025 Coalition Greenwich Digital Transformation Benchmarking Program across Payments & Treasury Management, highlighting J.P. Morgan Payments’ continued strength in delivering innovative, client-centric digital treasury and payments solutions.
• Recognized as a 2026 Global Best Bank for Corporate Banking, Corporate Cash Management and Corporate Foreign Exchange in the Coalition Greenwich Voice of Client annual study.

“J.P. Morgan Payments closed our best quarter of all time and our fifth consecutive record quarter. We delivered $5.1B in revenue, up 12% year-over-year and deposits and fees continue to grow at double digits, reinforcing the strength and momentum of our franchise. Behind these results is performance at real scale: we reached a record high payments value day on March 31. Most importantly, we run our business for our clients. What matters is that these numbers ultimately reflect the trust our clients place in us to deliver when it matters most. We are grateful for the trust and we look to earn it every day,” said Max Neukirchen, Global Co-Head of J.P. Morgan Payments.

To learn more about the firm’s Q1 2026 financial results, read the full release here.